Clearstream enhances its digital post-trade platform D7 to enable mass issuance
Clearstream has released an enhanced version of its digital post-trade platform: D7 Generation2.
The enhanced architecture, developed in conjunction with Google, brings improvements designed to make the issuance process faster, easier, and more efficient.
What’s new?
Extended product scope: D7 Generation2 now supports a wider range of complex Retail Structured Products (RSP), covering around 90% of RSP issuance volume in the German market.
Mass issuance: Our new API enables mass issuance of up to 40,000 issuances per day.
Harmonised data model: A harmonised data model has been introduced to adhere to international market standards. This paves the way for geographical expansion and technical innovation such as tokenisation.
Benefits
- Increased issuance capacity
- Full straight-through processing vision
- Streamlined issuance process for larger issuances
Did you know?
In June alone, we have processed around 15,000 issuances, bringing the total number of issuances to over 50,000. Among these issuances was a €4 billion benchmark bond issued by KfW.